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Related Ads > London Business for Sale > Discount Stores to Rent > Discount Stores in Southgate for Sale 

Pound Market

Southgate London
• ADVISED GROSS WEEKLY SALES £4,800 • PRIME TRADING POSTION IN WELL ESTABLISHED PARADE • RECENTLY ESTABLISHED BUSINESS FROM SHELL FORMAT • FITTED AND EQUIPPED TO HIGH STANDARDS • CLOSE PROXIMITY TO PICCADILLY LINE UNDERGROUND STATION
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 62653
ADVERT IMPRESSIONS : 4,321 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Discount Stores
SALE: Agent Sale

LEASEHOLD:

£90000
 

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BUSINESS DETAILS:

HOURS
The business currently trades the following hours:
Monday - Saturday 08:30 to 18:30
Sunday 9:30 to 17:30

STAFF
The business currently trades with 1 full time and 2 part time member of staff.

TERMS, TENURE & RATES
We have been advised the premises is held on a 11 year lease, with an annual rent passing of £23,000. Formal rent reviews are conducted every 5 years.
We have also been advised that the business rates payable per annum by our client is circa £6,800. This figure however can be subject to change and different for individual operators. We therefore advise you carry out your own due diligence in relation to this.

TRADING INFORMATION
Trading information including a breakdown of the income streams will be available after a formal viewing has been conducted.
LOCATION
The business is situated on Chase Side (A111) in prime position on a very busy road and the business is in close proximity to Southgate underground Station (Piccadilly Line).

THE BUSINESS
The business was established in 2010 as a high quality Discount store from an empty shell format. The unit has been fitted and equipped to a very high standard and offers many product lines.
The business is situated in a prime town Centre trading position and enjoys very high volumes of footfall throughout the day.

DESCRIPTION
The Business has been fitted and equipped for the sale of: All household goods, kitchen and bathroom equipment, DIY, Duvet, Pillows, books, magazines and general Supplies.

FIXTURES & FITTINGS
The business is equipped with the following:
New Shelving
New Laminated floor
New Facia
Check out position

INTERNAL DETAILS
Trading Area 56sq/m (603sq/ft) approx
Rear storage Area 45sq/m (484sq/ft) approx
Fully fitted kitchen
WC
Access to rear

EXTERNAL
The premises is surrounded by many complimentary Businesses, Offices, Restaurants and Newsagents.
The business has a bus stop directly outside and in close proximity to the tube. The business is a corner property and has an access area to the side for deliveries.
   
  FOR SALE
   

REFERENCE:

BMA534 / RightBiz
   
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ENQUIRIES:

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